Voestalpine with significant increase in earnings in the 3rd quarter 2017/18

Published: February 8, 2018; 07:30 · (Vindobona)

The positive economic trend visible already end of 2016 was confirmed in the course of calendar year 2017. Above all the upswing of the economy in Europe was on a broad scale, whereas in the US the upward trend was fuelled by private consumption rather than by increasing investment activities. In particular foreign direct investments were at a low level there. China's economy continued to grow at a robust stable pace. The economy in Brazil has bottomed out in the 2nd half of 2017.

With respect to industry segments the automotive industry proved to be the driving force of the excellent development of voestalpine Group in the first three quarters 2017/18. Positive to highlight as well are the order intake from the consumer goods industry which remained stable at a solid level, the strong dynamics in the aviation…